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I would pop the champagne, you get the opportunity to realize your dream, isn't that amazing? Instead of growing slowly / difficult / .. you now have money to h
by jvandenbroeck 15y ago
I would pop the champagne, you get the opportunity to realize your dream, isn't that amazing? Instead of growing slowly / difficult / .. you now have money to hire amazing people and accelerate your development progress.
Damn, I get even excited typing about it.
- tptacek 15y agoGrowing a business is difficult whether you take funding or not. Many people who think like you seem to be are just kidding themselves. They're popping the champagne because they've deferred the reckoning over their lack of a viable business for 1-2 years, instead of finding out immediately that their idea is dead in the water. You do this a couple times and then you realize, the salary you picked up from the investment round is cold comfort compared to the years of the most productive chunk of your life that you gave up. There's nothing inherently wrong with taking outside money, but if you're doing it because "now you have the opportunity to realize your dream"...
- jvandenbroeck 15y agoI think you're taking things out of context, I never said you don't have to built a viable business. Or that building a business is easy - or that you don't have to work hard anymore - or that you have some crazy ass dream, you didn't do any market research etc.. If your dream is to built a great business, deliver lots of value to your clients etc. than I don't see a problem - for most idea's you need some investment to be able to find out if they are good. And if you get funded, I assume you have done the numbers on your idea, worst-case/best-case and that you picked smart investors - who also did their numbers. So if you get funded that would also mean smart people believe in your idea. I think it's good if you're excited about the business you're building. It is only logical to take outside money if it would help you build your business. Ofcourse you don't always need outside money to build your business - and in some cases it might be better without - but if you're in the case that outside money would help you - then I don't see anything wrong with it.